/ˈsɑˈsaɪəti fɔr ˈwɜrldˌwaɪd ˈɪntərˌbæŋk fɪˈnænʃəl ˌtɛlɪkəˈmjunɪˌkeɪʃənz/ – Phrase
Definition: Tổ chức Giao dịch Tài chính Liên ngân hàng Toàn cầu.
A more thorough explanation: a messaging network, headquartered in Belgium, used by banks and financial institutions worldwide
Example: According to the latest SWIFT (Society for Worldwide Interbank Financial Telecommunication) data, the RMB was ranked the world’s fifth most used currency for payments.